NOT LISTED FOR SALE

34 Gaspee Rd Narragansett, RI 02882

Estimated Value: $739,818 - $888,000

2 Beds
1 Bath
720 Sq Ft
$1,089/Sq Ft Est. Value

Last Sold August 26, 2021

Last sale price $573,000 $796 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $4,493/month

23 Days on Market

Highlights

  • Beach Access
  • Deck
  • Attic
  • Narragansett Elementary School Rated A
  • Wood Flooring
  • Cottage

About This Home

As of August 2021

Awesome beach location! Located in desirable, quite Scarborough Hills neighborhood, this adorable seaside escape is just 8 houses to the beach. Enjoy summer night barbecues on the large back deck overlooking the private backyard. Built in 1938, this cottage boasts original hardwood floors. Brand new vinyl siding and trex front porch. Cozy family room opens to the eat-in-kitchen with newer appliances, including stackable washer/dryer. 2 large bedrooms. Newer Mitsubishi split heat/air system is super efficient. Attic and crawl space were insulated in 2020. Newer storage shed, newer outdoor shower, 2 car driveway. Perfect Location to all that Narragansett has to offer: Galilee, Block Island Ferry, dining and shopping! 30 minutes to Newport.

Last Agent to Sell the Property

Derek Greene

The Greene Realty Group License #REB.0016396 Listed on: 07/03/2021

Last Buyer's Agent

Non-Mls Member

Non-Mls Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,086

Year Built

  • Built in 1938

Lot Details

  • 3,833 Sq Ft Lot
  • Fenced
  • Property is zoned R-10

Home Design

  • Cottage
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 720 Sq Ft Home
  • 1-Story Property
  • Thermal Windows
  • Storm Doors
  • Attic

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Interior Basement Entry
  • Crawl Space

Parking

  • 2 Parking Spaces
  • No Garage

Outdoor Features

  • Beach Access
  • Walking Distance to Water
  • Deck
  • Outdoor Grill
  • Porch

Utilities

  • Ductless Heating Or Cooling System
  • Baseboard Heating
  • 100 Amp Service
  • Electric Water Heater

Community Details

  • Scarborough Hills Subdivision

Listing and Financial Details

  • Tax Lot NARRM:KB:18
  • Assessor Parcel Number 34GASPEERDNARR

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,086

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.088
  • Subdivision Name: Scarborough Hills
  • Above Grade Finished Sq Ft: 720.0
  • Architectural Style: Cabin/Cottage
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1938
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Electric Water Heater, Oven, Range, Refrigerator, Washer
  • Has Basement: Crawl Space, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Storm Door(s)
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Attic, Tub Shower
  • Living Area: 720.0
  • Stories: 1
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Waterfront Features: Beach Access, Walk to Water
  • Construction Type: Drywall, Vinyl Siding
  • Exterior Features: Deck, Porch, Barbecue
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Porch

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: Ductless
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric, Individual
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3833.0
  • Parcel #: 34GASPEERDNARR
  • Zoning: R-10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3086.0
  • Tax Lot: NARRM:KB:18
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2021
Closed on
Aug 25, 2021
Sold by
Coleman John J and Coleman Cheri L
Bought by
Ferrero James J and Ferrero Amy L
Seller's Agent
Derek Greene
The Greene Realty Group
Buyer's Agent
Non-Mls Member
Non-Mls Member
List Price
$675,000
Sold Price
$573,000
Premium/Discount to List
-$102,000
-15.11%
Total Days on Market
23
Current Estimated Value
$784,205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,205
Avg. Annual Appreciation
6.73%

Purchase Details

Closed on
Nov 23, 2020
Sold by
Coleman Cheri
Bought by
Coleman Cheri L and Coleman John J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 8, 2015
Closed on
Oct 9, 2015
Sold by
Coleman John and Coleman Cheri
Bought by
Coleman Cheri
Seller's Agent
Jeanne Vicario
Homestead Properties, Inc.
Buyer's Agent
Sandy Bliven
RE/MAX South County
List Price
$359,000
Sold Price
$345,000
Premium/Discount to List
-$14,000
-3.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.97%
Original Mortgage
$276,000
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 8, 2015
Closed on
Aug 28, 2015
Sold by
Lemieux Brian and Lemieux Isabelle
Bought by
Coleman John and Coleman Cheri
Seller's Agent
Jeanne Vicario
Homestead Properties, Inc.
Buyer's Agent
Sandy Bliven
RE/MAX South County
List Price
$359,000
Sold Price
$345,000
Premium/Discount to List
-$14,000
-3.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 18, 2012
Closed on
May 16, 2014
Sold by
Sweeney Realty Ptnshp
Bought by
Lemieux Brian and Lemieux Isabelle
Seller's Agent
David Cappucci
KEY Real Estate Services
Buyer's Agent
David Cappucci
KEY Real Estate Services
List Price
$325,000
Sold Price
$285,000
Premium/Discount to List
-$40,000
-12.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.96%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ferrero James J $573,000 None Available
Coleman Cheri L -- None Available
Coleman Cheri -- --
Coleman John $345,000 --
Lemieux Brian $285,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Coleman Cheri L $250,000
Previous Owner Lemieux Brian $276,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2021 08/26/21 Sold $573,000 -15.1% $796 / Sq Ft
07/27/2021 07/27/21 Pending -- -- --
07/03/2021 07/03/21 For Sale $675,000 +95.7% $938 / Sq Ft
08/28/2015 08/28/15 Sold $345,000 -3.9% $479 / Sq Ft
07/29/2015 07/29/15 Pending -- -- --
02/08/2015 02/08/15 For Sale $359,000 +26.0% $499 / Sq Ft
05/15/2014 05/15/14 Sold $285,000 -12.3% $396 / Sq Ft
04/15/2014 04/15/14 Pending -- -- --
12/18/2012 12/18/12 For Sale $325,000 -- $451 / Sq Ft
Source: State-Wide MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,033 $615,700 $429,400 $186,300
2023 $3,942 $423,400 $278,900 $144,500
2022 $3,811 $423,400 $278,900 $144,500
2021 $3,751 $423,400 $278,900 $144,500
2020 $3,086 $294,500 $215,200 $79,300
2019 $3,013 $294,500 $215,200 $79,300
2018 $2,909 $292,400 $215,200 $77,200
2017 $3,020 $286,000 $205,000 $81,000
2016 $2,883 $286,000 $205,000 $81,000
2015 $2,843 $286,000 $205,000 $81,000
2014 $3,187 $317,400 $233,000 $84,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1287323

State-Wide MLS

APN: NARR-000018-000000-K000000